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in the morning ♪ >> you are about to see a test of the power of unions. there's going to be a big fight today in michigan and we're there. good morning, everyone, governor snyder is about to sign legislation that makes michigan the 24 right to work state. the unions want to stop it. they're out in force at the capital. it could get ugly. gas prices are tumbling in st. louis. listen to this, at 3.32 a gallon nationwide the price is still the highest ever for this time in december. california, a national carbon tax could be on the the way, they've got one already, how is that working out? and china may be the number one economy soon. really? "varney & company" about to begin. >> right off the top, breaking news for you now. fox business learned that a group claimed to be aligned with terrorism is threatening to launch a massive attack against u.s. bank websites and made that threat in the fall and this is a new threat set to start this week, we hear. and a list of banks targeted includes j.p. morgan chase, bank of america, u.s. bancorp, pnc financial services and suntrust banks. more details w
. will the president oblige. organizationed labor health. the right to work legislation. the unions hate it. will the president step in? . detroit voted for him, the unions, mr. obama is there, what is he going to do? china is here buying part of the bailed out aig, buying 123 battery company and buying american mansions. that's what happens when china has the money and we've spent all of ours. or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it just common sense. from ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holid deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fex office. >> two big stories coming together today in michigan. first off, the new right to work rules will become law tomorrow. the unions are absolu
, michigan right to work pushes through. hundreds of pro union workers rush the state capitol. the top of the hour, we'll have that. now, i have the seven early movers including special dividends, charles payne used do this and he's going to offer a commentary how good i am at it. publisher mcgraw-hill, aboard that special dividend. payable. december 27th. and medical imaging company and logic, down figure time, four bucks. sirius xm radio, a special dividend 5 cents a share, get paid this year. stock is up. yes, it's unchanged. and drug maker hiring a sales force for cholesterol reducing fish oil pill, and investors thought the company would have a partner by the now still the stock sup. better news for biodell, the fda granted tax credits for the new hypoglycemia drug and that stock sup. einstein's bagel, a special dividend $4 a share from a bagel company. they pay you december the 27th. the market likes it. home builder dr horton, pay of 15 cent dividend, special. december 23rd, you get the cash. the market likes it, up it goes. that's the end of seven early movers, did i do okay. c
questions about right to work states. stuart: but if indiana had been a state which forces union dues to be paid by members, nonmembers, if it were the old line state, i don't think you could say it would get these kind of jobs and they are new high-tech jobs. >> but do we know that? i'm a little skeptical about that. only 7% of the country is even unionized anymore. i'm a little skeptical that people are not going somewhere because of that. stuart: why wouldn't toyota when it starts a new plant in america or bmw or mercedes or honda, they have all have plants in america, and they tend to go to right to work states like indiana. >> because i think if you give a business owner the opportunity to not have to deal with a union, they will probably choose that because they don't want -- but at the same time, i'm not sure that -- you know, there are certain places that people are going to go because there are good workers. look, i don't think people should be forced to pay dues. i do have a problem with that. stuart: that's what the michigan rule is all about. >> that's what it is about. we
this friday morning. union thugs caught on camera punching people and will they be charged criminally? not one, but two lawyers join us on that. we'll talk to the mayor of a city, unemployment is 3%, what are they doing right? here is a hint, energy. there's a huge demand for gold coins and why the increase? and why isn't the price of gold soaring on that story? remember, we want to hear from you as well. send your e-mails right away, please, varney@foxbusiness.com and we'll read some of them live on the air this morning. friday morning, seven early movers, here we go. the struggling temple com alcatel-lucent gets a life line from goldman and credit suisse. and quicksilver, it's down. adobe gave a weak forecast, but roths were indeed better than expected and the stock is up. electronics payments company gave a disappointing forecast, the market doesn't like that, it's down 7%, web security provider, abg technologies, reached a search and distribution agreement with yahoo! and it's up. sprint nextel, 2 billion dollar offer to buy out clearwire, getting pushed back from some shareholders and cle
judge. >> pleasure. stuart: my take on the unions is next. there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collectioof innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperature-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allowyou to adjust to the support your body needs. each of your bodies. in the name of human individuality: the sleep number collection. discover how our sleep professionals can individualize your sleep experience. exclusively at one of our 400 sleep number stores nationwide. sleep number. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30% savings. >> microsoft will be coming out with x-box focused gaming tablet. it will be focused on gaming as well as entertain
days have the unions up in arms. no surprise there, but we're covering it. and the u.s. has a declining birth rate similar to what japan experienced. are we headed that way. keith fitz-gerald, a resident of both countries, america and japan, we'll get his assessment on that. and please, we want to hear from you, e-mail us at varney@foxbusiness.com. tell us exactly what you think and what we talk about. monday morning, seven early movers, apple s rolling the iphone five out worldwide and hits china december 14th. 50 countries will get it and the stock is almost back to 600. dell, goldman sachs upgrade today a buy from a cell. $13 is the price target. it is up today. myriad genetics, the supreme court agrees to hear a case whether genes could be patented. if so, a boost for the company. if you can patent them up goes the stock, but today it's down. delta airlines is in talks to buy 49% of virgin airlines from singapore airlines. and maker of the ugg boots, they're out with positive comments on the stock, sets a $65 price target and it's at 41 and rising. and some soamazon, billions ord o
. will union defender phil diane support that? he'll be with us. e-mail us right now, and at varney@foxbusiness.com. and we'll start with oracle, the software company, profits up, selling more software and yes, the stock is up a buck. not a bad gain for oracle. general mills makes cereals like lucky charms, sales in the last 13 week period, virtually unchanged for the company's stock. fedex, disappointing forecast, took a hit because of sandy, the storm. none of less up two bucks higher. plx technology, the sec is trying to block the proposed takeover. and say the deal would create a near monopoly for circuits, and not a clue what they do. delphi automotive, added to the s&p 500, good news for the stock because the fund managers now have to buy it. and this company went into bankruptcy protection and emerged in '09 and because of the u.k. it's up. health net enrollment for health plans in corporations next year, it's down. pfizer cutting 600 jobs and 20% of the sales force that is. sales for lipitor have declined since the exclusive patent expired last year. and no change with the s
class, this is from a teacher's union. we'll talk about it, new at 10. d a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care profesonals who understand the difference that quality time with our members can make... that's a very nice ke! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share withhe ones who matter most. love you, grandma! [ male announcer ] humana. ♪ >> announcer: you never know your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just r
with the unions, we all know that, but in this case, a strike that really could have devastating consequences on the economy, particularly in the middle of the fiscal cliff negotiations. do you think the president might be more even-handed here dealing with the unions? >> well, i really don't know. you never know what this president is going to say and what policies are going to come out, but the longshoremen is an influential union. to see him go on the other side of it would be surprising, probably take a step back and not intervene too much. so, you know, it's a look and see and a wait and see, quite frankly. but if this does happen, the ripple effect is going to be tremendous because you're going to see prices go up there as well. and that's going to be passed onto the consumer. so, either way, we're talking about more money out of the pocket of individuals, regardless, you know, how this thing, you know, comes to to be. >> and this could also have serious effects on commodities markets, particularly oil. one of the ports affected houston. a lot of oil goes in on ought of that port. >> ye
ed asner. he voiced the teacher union cartoon where the rich urinate on the poor. who does he want to urinate on now? watch out, everybody, "varney & company" about to begin. ride . she knows the potential for makingr losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. well, having a ton of locations doesn't hurt. and a santa to ot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stss. fedex office. >> the big story this morning is a big name and you know it and probably own it. apple had its worst trading day in four years and it's facing real competition from the samsung galaxy, its smart phone market in china is down, but perhaps more importantly, investors are selling, piling out, taking profits before the new year when the tax on profit goes up. if you have an american-based mutual fund,
dehaan gasbuddy.com. we appreciate it. >> thank you. david: we will tell you the details of unions next. [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ david: workers from boston to houston are threatening to walk off the job. the strike could disrupt billions of dollars in shipments and cripple supply. now the two sides have agreed to meeting after talks stalled earlier this month. that could cripple the economy. adam the one in los angeles about ten yearings ago cost a billions -- ten years ago cost a billion dollars a day. that's just one port. this is going to be newark, the gulf ports down in houston. adam: what seems to be a sticking point is a fee that the men and women who unload the containers get paid by the weight of the container. one thing not knowing too much of the details of where the hold-up is, the containers are getting larger and larger. what the por
in the midst of a very contentious budget negotiations with california's public unions said okay i'm going to give you pension benefits retroactive for all present and past employees. then of course you had cities and counties who followed suit. that's why places like vallejo and stockton and san bernardino are filing for bankruptcy. stuart: i put it to everyone around this table, it's very difficult to get out of this because that is a promise made. we promised you, police officers, prison guards, everyone else, we promised you this. it is in your contract. we made a promise. in some states it is in the state constitution. but we made a promise. how do you get out of a promise? david: ask president obama that when he was dealing with the gm bondholders. remember those promises that were made to the gm bond holders, the secured bondholders where they rescinded their deals in order to carry ahead with the bailout of the auto companies. it has happened before, but i would say it's got to be focused on the contracts being made now for future contracts. california is going to have to eat a lot
to prosperity? and another 50 billion on roads and union pay scales will get us to prosperity, really? >> i think that the stimulus was necessary and without it, we would be in a worst position than we are in. i don't think it was perfect. i don't think it was designed perfectly. i'm not saying that everything was done perfectly, but i do think overall it was the right thing and we are on the right track. i know you are devastated. [laughter] stuart: i was offering you some insurance. i was offering you the chance to get some insurance. i know you appear on special report. you're a wonderful guest with bret baier. >> thank you. stuart: i was offering you the chance so you could perhaps say something a little negative about the administration, so that going forward, when we get into a real financial mess, you will be able to say well back on varney's program way back when i was pointing out the truth. >> i say plenty negative about the obama administration. stuart: not today though. >> i'm more than covered on that. stuart: kirsten powers, it is always good to have you with us. we appreciate
taxes on the wealthy. >> europeans are so boastful on their union. stuart: get me out of this. >> i love that this is a gentleman who has had a quadruple bypass. stuart: that is about $180 million. charles: the children's of the rich are being shipped out. stuart: i do want to repeat that number. that is not enough. you have to pay more. you have to start paying your
Search Results 0 to 14 of about 15

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